ACE Software unveils PelicanPay service

ACE Software, an established provider of intelligent products and solutions for financial institutions, today announces the launch of its new PelicanPay service for corporates.

The global payments hub has already secured SWIFTReady for Corporates certification for both Treasury and Cash Management.

PelicanPay is a global payments hub that allows corporates operating in a multi-bank and/or multi-ERP environment to control and manage payments securely through a single, SEPA-compliant channel. The cloud-based solution enables a quick implementation without capex; charges being applied on a usage basis.

"SWIFTReady application certification is considered to be an extremely valuable part of the selection process for customers," said Filip Versluys, Head of Partner Marketing, SWIFT. "Achieving this certification demonstrates an important commitment to industry standards and evolving customer requirements. ACE has been a reliable, certified SWIFT partner for over 12 years."

Built using natural language processing, PelicanPay helps to reduce risks and exceptions and is considered to be one of the easiest and quickest ways for corporates to comply with SEPA. It has also been designed with best practice in payments in mind to give users visibility and control over both cash and risk management.

"Instead of corporates having to maintain multiple payment gateways to multiple banks from multiple ERP systems, PelicanPay provides a single payments channel, accessed through a central command centre. This ensures global tracking and visibility of all payments in any format, at anytime, anywhere," said Parth Desai, Director, ACE Software Solutions. "This rapid certification from SWIFT is testament to the effectiveness of our corporate solution. We are proud of our ability to connect corporates to PelicanPay quickly in a low risk environment. Simply put; PelicanPay 'solves SEPA, revolutionises payments."